Congressional Budget office(CBO) estimates that the budget deficit of the fiscal year 2011 is about $1.3 trillion....

Congressional Budget office(CBO) estimates that the budget deficit of the fiscal year 2011 is about $1.3 trillion. The deficit for 2012 was to improve little(around $1.1 trillion). The deficit for 2013 was $680 billion. Finally the deficit reduced to $483 billion for 2014. The federal budget deficit of 2015 was $439 billion. The federal budget deficit of 2016 was $534 billion. The federal budget deficit of 2017 was $668 billion.

Q2) Although the war against IRAQ was over quick(?), there will be involved with the additional cost after the war including the reconstruction and humanitarian aids , or another war(Afghan) or fighting against ISIS. How does this military cost contribute to our rising budget deficit?

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Rahul Sunny answered 1 year ago

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